Decentralized Enterprise Alliance (DC) will launch its first project: HEAT third-generation blockchain platform

Rage Review : In July, the decentralized exchange was re-listed as a 'decentralized enterprise alliance' and became the center of diversified business projects. Soon, the first project, the HEAT third-generation blockchain platform, will be launched by Svante Lehtinen, an experienced software consultant from Helsinki, Finland. Compared with traditional crowdfunding methods, the initial coin offering (ICO) has become possible through blockchain technology, smart investment and the goodwill participation of the people.

Translation: Nicole

The digital currency exchange said earlier that it would re-list as the ‘Decentralized Enterprise Alliance’ in July this summer, becoming the hub for diversified business projects. It will soon launch its first project, the HEAT third-generation blockchain platform, which will be led by Svante Lehtinen, an experienced software consultant from Helsinki, Finland.

The Decentralized Consortium (DC), a network of service providers that operates the ICO OpenLedger (ICOO) asset, of which Danish crypto exchange CCDEK is a member, has launched its first project following a network revamp over the coming week.

In the new era of digital and cryptocurrency, crowdfunding is easier than ever before. The Initial Coin Offering (ICO) is made possible by blockchain technology, smart investing, and the goodwill of the people.

The technology leader behind CCEDK and Openledger, a peer-to-peer digital currency platform, claims to have entered a "new realm" that brings users an "enterprise economic powerhouse", also known as "crowdfunding 3.0".

Through DC, OpenLedger-based services could enable entrepreneurs to gain access to capital and acquire the necessary skills for subsequent success, in theory.

Any project that requires crowdfunding and marketing will be difficult for decentralized projects to join, such as blockchain companies.

This introduces a new type of corporate entity, the Decentralized Corporate Consortium, an efficient ecosystem where a range of related services and assets are hosted on the OpenLedger platform.

Companies offering such services include advertising network BitTeaser; OBITS blog club, which provides articles and other content to forums and websites around the world; and CCEDK, OpenLedger’s Danish registered company, which acts as the ‘fiat’ gateway for the OpenLedger platform and will provide further services such as third-party payment.

ICOO assets can not only start a new round of crowdfunding, but also allow users to profit from it.

OpenLedger is an innovative tool designed to enable high-speed transactions. The platform allows users to trade assets in real time, securely and at ultra-low fees.

ICOO is currently crowdfunding, purchasing a certain percentage of the new initiative tokens, which will help it raise funds, promote it, and allow ICOO asset holders to profit from the subsequent increase in value.

Package Service

“We are going to offer a complete package here,” explains CCEDK CEO Ronny Boesing, who is working with Finns.

In fact, CCEDK has been carrying FIMK transactions for several years, while developing a sustainable corporate partnership with the FIMK core team, a non-profit community project that aims to promote the adoption of second-generation blockchain technology. The FIMK core team has become the main development team behind the HEAT project, which was officially registered as a startup in July this year.

While technical development and partnerships have been underway behind the scenes since late last year, FIMK has outlined a series of proposals for online shopping via the blockchain, as well as outlining a monthly national income for ‘opt-in’ Finnish citizens.

Specifically, monthly national income means giving 1,000 FIMK to each authorized FIMK user, who has his or her own ID on the FIMK blockchain.

Ronny Boesing

“We have a number of companies that can help entrepreneurs grow their crowdfunding campaigns and they are in mutually beneficial relationships,” Boesing said.

If their project turns out to be as good as expected, DC's development will not be bad either. This is the logical conclusion.

“We’ve aligned the incentives among all the shareholders so that everyone is happy,” Boesing concluded.

A key benefit of ICOO funding, explained by the tech staff in the terms, is that shareholders can exit their stakes before a project launches. Boesing, a Dane who studied in Washington state and worked in the music business before entering the world of cryptocurrencies, sees this as a departure from traditional crowdfunding.

He said if investors “hold out on their commitments” after the project launches, they may have to wait months or longer, making it difficult, or sometimes impossible, for them to sell their shares if they want or need to.

Blockchain 3.0 version development

HEAT, an entity based in Finland, is a project that is trying to solve this problem. The HEAT platform consists of a variety of blockchain functions, from peer-to-peer asset trading to decentralized software applications.

HEAT project leader Svante Lehtinen (who has twenty years of experience as a software consultant) once worked with chief architect Dennis de Klerk to develop the second-generation (2.0) digital currency platform FIMK, and they were both lead developers of the project.

He cited two recent, wildly successful crowdfunding campaigns as context to explain where his platform fits in. One was Lisk, a platform for blockchain applications and services that raised $5.5 million in an initial coin offering (ICO).

The second is WAVES, a decentralized platform that uses custom blockchain tokens to represent value, which raised $16 million in a crowdfunding campaign in April-May 2016 (now at $20 million), becoming the sixth largest crowdfunding project in history, involving about 6,000 investors from the Bitcoin and digital currency fields. The first network and client versions were released in July.

WAVES was designed to allow everyone to transfer common currencies such as US dollars, euros, pounds and RMB through the blockchain, taking full advantage of the benefits of distributed ledger technology without being affected by the volatility of Bitcoin's value.

Features of an advanced encryption platform for the masses

Lehtinen, a long-time cryptocurrency entrepreneur based in Helsinki, Finland, is the chairman of the Krypto Fin ry Association and the founder of the FIMK platform, which was founded in 2014. Meanwhile, de Klerk, a lead developer based in The Hague, Netherlands, is a cryptocurrency enthusiast and the creator of several open-source cryptocurrency client packages since 2013. He has been a ‘full stack’ programmer since 1999.

“I have used my 17 years of experience in electronic payments and business, and five years of dedicated research into FIMK technology, to bring the most advanced crypto platform capabilities to the masses,” Lehtinen boldly concluded.

He added: “To give you a quick overview of the scale of technology we are operating at, almost everything that WAVES claims to do in the future will be possible with the FIMK platform. Everything that Lisk does will also be possible with the new platform.”

Most importantly, HEAT tokens are being offered through what Lehtinen described as a “commercially compelling IPO structure,” rather than through a standard, stripped-down ICO structure.

Likewise, the blockchain Javascript applications provided by Lisk will be included in HEAT's Distributed Services Architecture, plus Java enterprise-grade distributed applications. Lehtinen said this is: "a feature never before seen in an open source blockchain."

This is a bold attempt.

Pre-launch transaction

Before the project officially launched, ICOO also launched a 'custodial' token for its supported assets, which can be traded on the OpenLedger platform. This is a strategy that ICOO has successfully launched three projects recently: DAO, DigixDAO and Lisk. This allows early investors to get an early foothold in promising companies.

Through ICOO and its IPO subscription service launched on CCEDK.com, project tokens such as HEAT can be purchased, as well as a range of popular cryptocurrencies including Ethereum, FIMK, Bitcoin and a variety of fiat currencies.

Pre-initial coin offering (pre-ICO) participants can invest through OPEN.BTC and once the ICO is launched this week, they will be able to trade tokens between other currencies on the OpenLedger platform.

The new CCEDK website, which launched in soft launch in early July 2016, claims to offer ‘all-in-one’ crowdfunding campaigns and crowdfunding tools for startups, whatever their requirements. Services include marketing, pre-launch preparations and initial coin offerings (ICOs).

According to Boesing, the decentralized group Alliance reached a deal with HEAT Ledger Ltd to allow shareholders to immediately participate in the pre-initial coin offering (pre-ICO), which will benefit DC and shareholders by providing them with potential shares early on.

Early investments with favorable conditions can be made through the ICOO order module or directly through the dedicated ICO escrow account on the OpenLedger platform (ico.openledger: with the name of the ICO and HEAT in the remarks column). The official ICO is expected to start on July 11, 2016 and last for four weeks.

HEAT's Future Initial Public Offering (IPO) Plans

HEAT Ledger Ltd's IPO is expected to close by the end of 2016, with 50,000 to 80,000 new company shares to be issued, constituting 20% ​​to 50% of the company's total share capital, and is expected to raise between €500,000 and €100 million in financing. The proceeds from this financing will be used to further develop HEAT's operating business.

The Internet finance leader behind the project said that at this stage, it is impossible to understand what the value of HEAT is because there are "so many individual differences." Most things depend on the success of the ICO's first financing.

In the first phase of the ICO, the token was valued at 0.0001 bitcoin each, and HEAT token holders who participated in the first round of ICO financing could obtain equity, giving them a minimum discount of 50% on the IPO share price.